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Monthly Bar - Current Month showing sign of an inside bar as on April 9th. Weekly Bar - We had an inside Bar last week and this week there is an upward breakout from the inside bare. Daily Bar- HH (Higher High) trend, we had a pullback at 17143 and now if we break 21462 I have drawn a rectangle box, which can act as a consolidation zone. Breakout and...

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Short Term Trade It's always good to notice the emotional gap moves in trade and they are usually filled in a short period of time. And times it doesn't, so momentum is important. If Reliance doesn't scale above today's high 4/23 - 1367 and takes out day's low at 1353 then it will be a good trade to fill the gap till 1252 So a position can be taken based on...

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NIfty Realty Index on Monthly chart indicates potential topping tail candle DLF Weighs 35.45% of Nifty Realty Index In 4 hour chart there is a H&S reversal pattern in the making + Upward trend line breakout test SL - 274 (Conservative SL 269) TGT - 217-220 zone

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Heavy Selling at the similar level, a test back to 1180 level possible

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Monthly Chart indicates Topping Tail Last time there was crossover of 5EMA> 26 EMA it was around 165. TataGlobal had a very sharp price rise over 6-7 Months. Now it is at cusp of similar crossover of the EMAs. Support at 300 level (Psychological) Once Broken expecting to test 273/255 Stop Loss 330 Will Observe for continuation positional trade till the EMAs...

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Hi Folks, potential inverse and shoulder pattern in Bank Nifty. I am expecting for a test around 20300 zone. Also, nice retracement from 61.8 level + Bullish neckline indicating up move at this level.

Cheena Updated 

Nice support at 23 ema in weekly chart Double bottom confirmation in daily chart First resistance at 61.8 resistance (Target 554), if further breakout happens we can see all the way up to 570 from this level. Stop Loss 500

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Nice support 50 retracement, as per ABCD it should move around 390 zone It happens to be 61.8 retracement level on weekly chart. Target 350/380 SL - 310